Author: Jackson Han

Chery Group delivered 272,536 vehicles worldwide in November, driven by strong growth in new energy vehicles (NEVs) and exports. NEV sales rose 50.1% year-on-year to 116,794 units, while exports climbed 30.3% to 136,728 vehicles, reinforcing the company’s position as China’s leading vehicle exporter. From January to November, Chery sold 2.56 million vehicles, up 11.1% from a year earlier. NEV sales surged 69.4% to 814,685 units, the first time the group has exceeded 800,000 NEV deliveries in a single year. The core Chery brand led November sales with 165,511 units, followed by Jetour with 55,088 units and premium brand Exeed with…

Chinese producers of lithium iron phosphate (LFP) battery materials are raising prices or planning to do so as strong demand from the electric vehicle and energy storage sectors tightens supply, according to a report by Shanghai Securities News. Several major LFP manufacturers have recently proposed price increases, with one company planning to lift the processing fee across its entire LFP product range by 3,000 yuan ($420) per tonne from Jan. 1, 2026, the report said. The company added in its price adjustment notice that product pricing could be renegotiated if there are significant fluctuations in market conditions or raw material…

Chinese autonomous driving startup Momenta has confidentially filed for an initial public offering in Hong Kong, Reuters reported on Tuesday, citing two people familiar with the matter, as geopolitical tensions prompt Chinese technology firms to rethink overseas listing plans. The sources said Momenta had abandoned earlier plans for a New York flotation in favour of Hong Kong amid heightened U.S.-China tensions. Details of the proposed offering, including its size and timing, have not yet been disclosed. The filing follows a regulatory change announced on May 6, when Hong Kong’s securities regulator and the Hong Kong Stock Exchange said technology and…

Chinese electric vehicle maker Seres Auto has inaugurated a new battery research facility in collaboration with Tsinghua University, aimed at advancing battery technology, safety systems and manufacturing standards, the company said, as the automaker faces mixed investor sentiment following its recent Hong Kong market debut. The Tsinghua-Seres Battery Innovation Technology Joint Research Centre was formally opened last week at Tsinghua University. The partnership brings together the research capabilities of one of China’s leading universities with Seres Group’s experience in vehicle development and battery production. See also: Seres Group Raises $1.8 Billion in Hong Kong IPO at Top of Price Range…

China’s Great Wall Motor (GWM) posted moderate year-on-year growth in November vehicle sales, while its overseas deliveries reached a new monthly record, highlighting the automaker’s accelerating push into international markets. GWM sold 133,216 vehicles last month, up 4.57% from a year earlier but down 6.89% from October, the company said. See also: GWM’s WEY Brand Announces Major Renewal Strategy and Debuts New ADAS Model at Auto Guangzhou 2025 Overseas sales climbed to 57,309 units in November, marking a fourth consecutive month of record highs. International markets accounted for 43.02% of total sales, with overseas volumes rising 32.70% year on year…

China’s largest electric vehicle maker BYD sold 480,186 new energy vehicles (NEVs) in November, the company’s highest monthly total so far this year, though volumes remained below the same period last year for a third consecutive month. November sales fell 5.25% from a year earlier but rose 8.71% from October, according to company data. Passenger NEV sales reached 474,921 units, down 5.77% year on year but also up 8.71% month on month. Commercial NEV sales totalled 5,265 units, up 87.97% from a year earlier and 8.56% higher than in October. See also: BYD’s Denza Launches Z9GT and D9 Models in…

Nio said it had delivered 20,000 units of its third-generation ES8 electric sport utility vehicle just 70 days after the model’s market launch, making it the fastest pure-electric vehicle priced above 400,000 yuan ($56,540) to reach that threshold in China. The company unveiled the updated ES8 at its Nio Day 2025 event on Sept. 20, with customer deliveries beginning the following day. The three-row electric SUV is available in six- and seven-seat configurations and is priced from 406,800 yuan including the battery pack, placing it among the most expensive models in Nio’s lineup. Founder and Chief Executive Officer William Li…

China’s Dongfeng Motor-backed premium new energy vehicle brand Voyah delivered more than 20,000 vehicles in November for the first time, extending a streak of record monthly sales as the automaker prepares to launch a new plug-in hybrid sedan next month. Voyah delivered 20,005 vehicles in November, up 84.28% from a year earlier and 16.19% higher than October, marking its fourth consecutive monthly record, the company said. Cumulative deliveries from January to November reached 134,215 units, representing year-on-year growth of 82.45%. See also: Voyah Enters China’s Large Hybrid SUV Segment With Launch of Taishan The brand has set an aggressive growth…

Luxeed delivered more than 10,000 vehicles in November, maintaining monthly deliveries above that level for a second consecutive month as the premium new energy vehicle brand accelerates its expansion under a deepening partnership between Huawei and Chery Automobile. The jointly developed brand said firm orders have now exceeded 10,000 units for three straight months, signaling sustained demand momentum following recent model refreshes and network expansion. See also: Luxeed Shifts to CATL Batteries Amid Supply Constraints From CALB On Aug. 7, 2025, Chery and Huawei’s consumer business division formalized what they described as a “2.0” strategic partnership for the Luxeed brand…

China will intensify efforts to curb excessive and disorderly competition in its battery industry, extending regulatory action already under way in the electric vehicle sector, the country’s industry ministry said on Friday. The measures will cover both power batteries and energy storage batteries as authorities seek to address risks linked to rapid capacity expansion and price volatility across the supply chain. See also: EU Industry Chief Warns of Rising Chinese EV Threat, Calls for Flexibility on 2035 Engine Ban Li Lecheng, Minister of the Ministry of Industry and Information Technology (MIIT), said China would strengthen capacity monitoring, early warning mechanisms…

Avatr Technology, the premium electric vehicle subsidiary of Changan Automobile, has filed for an initial public offering in Hong Kong, positioning itself to become another Chinese EV maker to seek a listing outside the mainland, according to a stock exchange filing. The Hong Kong listing is being sponsored jointly by CITIC Securities and China International Capital Corp (CICC). Avatr, which was established by Changan together with technology partners Huawei and CATL, has not disclosed the size or timing of the offering. Earlier local media reports said the company was targeting completion of its Hong Kong listing in the second quarter…

China’s Great Wall Motor (GWM) is planning its first vehicle manufacturing facility in Europe with the goal of reaching annual production capacity of up to 300,000 vehicles by 2029, as the automaker accelerates its push into overseas markets, Reuters reported on Wednesday, citing a senior company executive. Parker Shi, president of GWM International, said the company is actively evaluating potential locations in several European countries, including Spain and Hungary, in what would be a major step in localising its production footprint outside Asia. See also: Great Wall Motor Posts Record Q3 Results as NEV and Overseas Sales Surge The update…